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NXT-ID approved for NASDAQ capital market listing


NXT-ID announced it has been approved for listing on The Nasdaq Capital Market, subject to closing of its proposed underwritten public offering of the common stock and warrants.

The company will trade its shares of common stock and the warrants under the symbol “NXTD” and “NXTDW,” respectively.

In the meantime, NXT-ID’s common stock will continue to trade on the OTC Quotation Board under its existing symbol “NXTD” until transitioning to the Nasdaq listing.

The move comes a few months after NXT-ID launched its biometric wallet and payments device, the Wocket.

In addition to Wocket, NXT-ID is launching its advanced MobileBio services, which include the design and development of software and hardware for smartphones, tablets and laptops.

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